CONTACT: Tim Cruciani
Executive Vice President
715 836-9994 x118
DATE: April 28, 2009
CITIZENS COMMUNITY BANCORP OPENS NEW WALMART SUPERCENTER EAU CLAIRE, Wis.--April 28-- Citizens Community Bancorp, Inc., (NASDAQ: CZWI), the holding company for Citizens Community Federal, today announced that it recently opened its new branch in the Walmart supercenter in Neenah, Wis. The new full-service branch is located at 1155 Winneconne Ave. in Neenah. Said Tim Cruciani, executive vice president of Citizens Community Bancorp, Inc., "Citizens' new Walmart supercenter branch offers our Neenah customers improved accessibility and expanded hours, and embodies the superior customer service that Walmart shoppers expect. Our Walmart locations expand Citizens' footprint in the upper Midwest and provide a solid platform for deposit and loan growth." As previously announced, the Company plans to open four additional branches in Plover, Shawano and Wisconsin Rapids, Wis., and Oak Park Heights, Minn., in 2009. About Citizens Community Bancorp, Inc. |
| Citizens Community Bancorp, Inc. April 28, 2009 Page 2 Except for historical information contained herein, the matters contained in this news release and other information in the Company's SEC filings, may express "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements that are other than statements of historical facts. The risks and uncertainties that may affect the operations, performance, development, growth projections and results of the Company's business include, but are not limited to, the growth of the economy, interest rate movements, timely development by the Company of technology enhancements for its products and operating systems, the impact of the Company to successfully integrate acquired companies, Congressional legislation, changes in regulatory or generally accepted accounting principles and similar matters. Readers are cautioned not to place undue reliance on forward-looking statements that are subject to influence by the named risk factors and unanticipated future events. Actual results, accordingly, may differ materially from management expectations. Citizens Community does not undertake, and specifically disclaims, any obligation to publicly release the results of any revisions which may be made to any forward-looking statements to reflect the occurrence of anticipated and unanticipated events or circumstances after the date of such statements. ### |